Year Percent of potential GDP 1995 -3.593 1996 -4.251 1997 -3.155 1998 -3.656 1999 -3.068 2000 -4.161 2001 -4.977 2002 -6.023 2003 -6.453 2004 -8.203 2005 -5.988 2006 -4.367 2007 -4.004 2008 -5.495 2009 -8.562 2010 -8.303 2011 -6.135 2012 -2.728 2013 -1.879 2014 -0.592 2015 -1.283 2016 -1.096 2017 -0.55 2018 -0.289 2019 -0.142 2020 -0.259 2021 -0.07 2022 0.223 2023 0.262 2024 0.434